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U.S. Bank Tower to get a $60-million redo, lose the Skyslide


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The owner of U.S. Bank Tower in downtown Los Angeles will spend $60 million to upgrade and reposition the 73-story skyscraper that has been a prominent feature of the city skyline since was completed in 1989 but has labored to attract tenants in recent years.
Part of the makeover calls for ending aspirations to become a tourist venue by doing away with its long-closed public observation deck and a sky-high outdoor slide, dubbed Skyslide, between two of the top floors that was launched with fanfare in 2016 by the previous owner.
A rendering of the new lobby bar and reception area at U.S. Bank Tower in downtown Los Angeles. The changes intend to make the spaces feel like a hotel. ....

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Prolific Developer Robert F. Maguire Dies At 86


Robert F. Maguire III (Getty)
Prolific Los Angeles developer Robert F. Maguire III died Tuesday at his home in Studio City.
Maguire was 86 and died of complications from pneumonia, according to the L.A. Times.
His most prominent project was the U.S. Bank Tower, the tallest building in L.A. from 1986 to 2010. The 73-story Downtown tower sold to Silverstein Properties last July for $430 million.
Maguire was born in Portland, Oregon, in 1935 and relocated to L.A. to study at UCLA, where he graduated in 1960. He got his feet wet in real estate at Security Pacific National Bank and started his own firm in 1965. ....

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